Call reports 2019
FIRST FARMERS & MERCHANTS BANK — 2019
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 312,814,000 | 306,327,000 | 318,049,000 | 333,760,000 |
| Total loans | 227,286,000 | 229,180,000 | 227,920,000 | 236,121,000 |
| Allowance for loan losses | 2,355,000 | 2,427,000 | 2,559,000 | 2,638,000 |
| Securities available for sale | 43,820,000 | 41,677,000 | 40,864,000 | 41,151,000 |
| Securities held to maturity | 30,000 | 30,000 | 30,000 | 30,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,086,000 | 257,248,000 | 268,179,000 | 283,523,000 |
| Interest-bearing deposits | 214,660,000 | 210,161,000 | 217,839,000 | 230,383,000 |
| Noninterest-bearing deposits | 49,426,000 | 47,087,000 | 50,340,000 | 53,139,000 |
| Equity capital | 45,538,000 | 45,673,000 | 46,377,000 | 47,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,731,000 | 7,243,000 | 10,945,000 | 14,469,000 |
| Interest expense | 293,000 | 587,000 | 915,000 | 1,266,000 |
| Net interest income | 3,438,000 | 6,656,000 | 10,030,000 | 13,203,000 |
| Noninterest income | 444,000 | 960,000 | 1,471,000 | 2,186,000 |
| Noninterest expense | 2,140,000 | 4,301,000 | 6,407,000 | 8,612,000 |
| Provision for loan losses | 50,000 | 300,000 | 650,000 | 675,000 |
| Pretax income | 1,692,000 | 3,015,000 | 4,444,000 | 6,102,000 |
| Income tax | 0 | 2,000 | 3,000 | 4,000 |
| Net income | 1,692,000 | 3,013,000 | 4,441,000 | 6,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,154,000 | 42,909,000 | 43,526,000 | 44,419,000 |
| Total capital | 45,509,000 | 45,336,000 | 46,085,000 | 47,057,000 |
| Risk-weighted assets | 253,354,000 | 259,301,000 | 259,569,000 | 266,649,000 |